Dec 30, 2021
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $2.42 to $4.84.
The split itself did not change the total investment value.
NEM Insurance Plc (NSENG:NEM) operates in the Multi-line insurance industry.
NEM Insurance Plc company overviewNEM Insurance Plc's most recent stock split was on December 30, 2021. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
NEM Insurance Plc (NSENG:NEM) has split its stock 2 times: a 19-for-10 split on December 17, 2020 and a 1-for-2 reverse split on December 30, 2021.
NEM Insurance Plc has split its stock 2 times. This history records 2 splits between December 17, 2020 and December 30, 2021.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In NEM Insurance Plc's 1-for-2 reverse split on December 30, 2021, every 2 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
NEM Insurance Plc has not announced a new split in our records. Its most recent split was on December 30, 2021, 4 years ago. Companies announce splits in advance, and any new NSENG:NEM split will appear on this page.
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